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VA HOME LOANS IN CASTLE ROCK, COLORADO

Reblogger Guy Thomas
Mortgage and Lending with WR Starkey Mortgage

VA HOME LOANS IN CASTLE ROCK ARE A MAINSTAY OF THE MILITARY FAMILIES. THE VA HOME LOAN ALLOWS THEM TO PURCHASE WITH NOTHING DOWN AND WITH A 30 YEAR FIXED RATE.

Original content by Bill Ladewig NMLS 291249

Rate Lock Advice and Mortgage Market Update

December 1, 2009, 3:10 PT

RATE LOCK ADVISORY

Lock Advice:  LOCK

MBS prices are currently down -21/32
Rate change for worse may be a risk from early investors..  It has been a volatile day in MBS Land.

RATE NOTES:
When MBS prices are up, Rates are down.
Lock advice can change throughout the day .
Good economic news = Bad Rate News.

National Average Fixed Rate Mortgage
Down 0.01% at 4.85% on Dec.1

10 Year Treasury Currently 3.280% Up 0.07%

DJI Stocks $10,471.58,  Up 126.74, 1.23%

European and Asian Markets Up 2.162%

Nymex Crude Oil Currently $78.21 Up $0.93

 

Free NAMB FHA Webinar:
I was five minutes early and the seminar was already filled up.   If you also missed the Free FHA seminar there is supposed to be a recorded version.  As soon as it is available a link will be posted here.

Take 5 minutes to watch this humorous and educational video... The big bailout banks find another way to rip off the consumer ... just in a nick of time for them, but not for us. See TBWS Video

Rates 12-01-09, 3:00 PT
30 Year Fixed to $417,000
Rate 4.500% Point 0.875, APR 4.636%
APR Based on $350,000 Loan at 80% LTV
Above Rate can be locked for 30 days.
Call for Quotes on FHA and VA loans With Detailed Good Faith Estimates.
No Application or Credit Report required

Education is the ONLY Effective Consumer Protection

Bill Introduced to Increase FHA Down Payment to 5.00% from 3.50 Read Story.



Posted by

Loan on meGUY THOMAS 

SENIOR LOAN OFFICER

LMB# 100018083

WR Starkey Mortgage, LLP  NMSLR#2146

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                                           

6025 QUEBEC ST  STE. 110

CENTENNIAL, CO  80111

CELL        719-440-0558                                               

OFFICE    720-489-0712   

FAX        866-561-8915    

www.dreamloans4dreamhomes.com

gthomas@wrstarkey.com

 

                                       

www.dora.state.co.us/real-estate/index.htm 

Opinions expressed here are the sole responsibility of the author, and do not necessarily reflect the view of WRSM.

                                    

 

 

 

 

 

 

Jane Cross
Homes By Cross serving Charlotte NC Real Estate Needs - Charlotte, NC

Guy, If a buyer gets off a fence, it's not bad rate news:)

Dec 01, 2009 09:40 AM
Bill Ladewig
LoanOfficerSchool.com - Escondido, CA
Experience Is Your Advantage

Hi Guy, thanks for the reblog.  It is very much appreciated.

Dec 01, 2009 09:41 AM
Guy Thomas
WR Starkey Mortgage - Colorado Springs, CO

Jane, That may be exactly what we need; a little rate bump. I have seen that motivate people in a hurry when they think they might have missed the boat.

You are welcome, Bill. Thank you for your updates.

Dec 01, 2009 10:00 AM